Question Tag: Machine Hour Rate

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MI – May 2023 – L1 – SA – Q9 – Costing Techniques

This question asks for the calculation of the machine hour rate based on given data.

Where machine hours is 7,200 hours, machine set-up time allowed is 720 hours and works overhead is ₦32,400. What is the machine hour rate?
A. ₦2
B. ₦3
C. ₦4
D. ₦5
E. ₦6

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MI – May 2023 – L1 – SA – Q9 – Costing Techniques

This question asks for the calculation of the machine hour rate based on given data.

Where machine hours is 7,200 hours, machine set-up time allowed is 720 hours and works overhead is ₦32,400. What is the machine hour rate?
A. ₦2
B. ₦3
C. ₦4
D. ₦5
E. ₦6

Login or create a free account to see answers

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